plaintiff77
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December 29, 2017, 12:11:50 AM |
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In my country which is the philippines I have a btc wallet called coins.ph and i this wallet I can be able to cashout my btc into cash an witdraw it through atm machine and this is only atm machine that allows to cashout and that atm machine is from Security Bank.
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CryptoVance
Jr. Member
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Activity: 33
Merit: 1
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December 29, 2017, 12:14:12 AM |
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The best way to cash your bitcoin is through the exchange where you bought our bitcoins e.g Coinbase or Gemini.
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pixie85
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December 29, 2017, 12:57:38 AM |
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It depends on the currency that you're using. In my case it's EUR. I hardly ever cash out, but when I do it's at coinbase straight into my bank account and then via an ATM if I'm in need of cash. I have cashed out everything that i've invested already and all that's left is going to stay in cryptocurrencies until it's worth millions or nothing. It's go big or go bust!
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reck1ess
Member
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Activity: 350
Merit: 30
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December 29, 2017, 01:01:34 AM |
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Hi all, Was wondering just wondering as Ive not actually thought about this before is how do you cash out. If I want to turn my alt coins into cash to spend on the latest cars what's the quickest, cheapest method? Im in for the long haul though!!
Be lucky Lex
Exchange altcoin to fiat currency if it is available on the platform you are in, and if not, exchange it to BTC before exchanging it to fiat currency. There are some wallet that have feature of having cryptocurrencies direct exchange to fiat.
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ethereumhunter
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December 29, 2017, 02:45:28 AM |
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Hi all, Was wondering just wondering as Ive not actually thought about this before is how do you cash out. If I want to turn my alt coins into cash to spend on the latest cars what's the quickest, cheapest method? Im in for the long haul though!!
Be lucky Lex
how cheap do you want? because as far as I know, we need to pay some amount and it depends on the country where we live. I think the best we can do is by using our friend service or localbitcoin because the fee is not too big if we compare on the website. but I don't think that altcoin could turn into cash for another country because it is only applicable to some country.
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Bonakid
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December 29, 2017, 03:20:31 AM |
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I exchange it into btc and turn into fiat in cash out my altcoins.I send it ro any remittances to pick up my cash,it is the way by cash out our money in our country.Fast transactions and no hassel in my wallet.
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shesheboy
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December 29, 2017, 04:03:40 AM |
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In my country which is the philippines I have a btc wallet called coins.ph and i this wallet I can be able to cashout my btc into cash an witdraw it through atm machine and this is only atm machine that allows to cashout and that atm machine is from Security Bank.
im also from the ph and i also use coins.ph as my primary wallet to cashout or exchange my bitcoins to local fiat and then withdraw it via a remittance center. i dont use atm bank as withdrawal option because mainy coins.ph user said that atm withdraw is verry risky and most of the times they lost their money after they request a withdrawal in an atm bank which is security bank specifically. they also contact the support of coins.ph but they dont get any direct reply form their team.
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Radnie
Member
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December 31, 2017, 12:21:56 PM |
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Using coins.ph is a very good and convenience digital wallet in the Philippines. Inside of the wallet their is a lot of options to cash out your money (either bank or exchange). I have a great experience with them from start in invested in cryptocurrency till now. Thanks
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Hamphser
Sr. Member
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Activity: 2604
Merit: 338
Vave.com - Crypto Casino
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December 31, 2017, 03:10:46 PM |
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In my country which is the philippines I have a btc wallet called coins.ph and i this wallet I can be able to cashout my btc into cash an witdraw it through atm machine and this is only atm machine that allows to cashout and that atm machine is from Security Bank.
im also from the ph and i also use coins.ph as my primary wallet to cashout or exchange my bitcoins to local fiat and then withdraw it via a remittance center. i dont use atm bank as withdrawal option because mainy coins.ph user said that atm withdraw is verry risky and most of the times they lost their money after they request a withdrawal in an atm bank which is security bank specifically. they also contact the support of coins.ph but they dont get any direct reply form their team. Back in the past on where their egive cashout is the most convenient way on cashing out your fiat that came from converted bitcoin that you do made which errors are just on rare cases but now everynow and then they did really experience errors on those kind of cashout.This is why I do stick on transferring on bank accounts directly. Back to topic cashing out your coins would vary on which country you do live on and find the suites your taste and speaking on fees I don't even know since they do really have different fees on each one of them.
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devollito
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January 02, 2018, 09:49:08 AM |
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I always cash out buy selling my bitcoin or ethereum to my local exchanger and did it for almost 4 years. After selling those crypto then i withdraw to my bank account. I have nothig to affraid of since i am not doing aomethings wrong. Now i request monaco card will try to cash out from there.
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jakezyrus
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January 03, 2018, 03:21:30 AM |
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i dont really like to cash out because im planning to save up as much as bitcoin as i can however i only do cash out if there was an important situation like for example im out of food to eat and i dont have enough cash to buy the grocerries straight from my own pocket , then that was the time i immediately withdraw and cash out my bitcoins to a local exchanger which is rebit.ph although ive been also using a coins.ph wallet but i still like the service of rebit.ph because they have a reasonal fees and a much accomodating staff and friendly support if ever theres a problem or issues in my transactions.
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rollingstorm45
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January 03, 2018, 04:13:59 AM |
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I think every country has a local exchanger, the international currency is USD, and BTC / USD is already in the big exchanger, even if your altcoin ETH, then you can directly transfer it to the exchanger to exchange for local currency ...
in Indonesia there is vip.bitcoin.co.id
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GbrilliantQ
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ƃqɹᴉllᴉɐuʇb
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January 03, 2018, 08:35:28 AM |
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I'll be using this when it gets released in Q2-3 of this year. 15 different coins along with 5 debit/credit cards on one. I'm already using a bitcoin debit card now, but this card is leaps and bounds ahead of it.
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zanezane
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Merit: 150
★Bitvest.io★ Play Plinko or Invest!
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January 03, 2018, 12:56:22 PM |
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In my country which is the philippines I have a btc wallet called coins.ph and i this wallet I can be able to cashout my btc into cash an witdraw it through atm machine and this is only atm machine that allows to cashout and that atm machine is from Security Bank.
im also from the ph and i also use coins.ph as my primary wallet to cashout or exchange my bitcoins to local fiat and then withdraw it via a remittance center. i dont use atm bank as withdrawal option because mainy coins.ph user said that atm withdraw is verry risky and most of the times they lost their money after they request a withdrawal in an atm bank which is security bank specifically. they also contact the support of coins.ph but they dont get any direct reply form their team. I never tried that egive as I prefer more to use my savings account and I'm sorry for what you believe in but cashing out thru banks is safe. Maybe there are times that other users encounter some malfunction in the system but I highly testify that it's still safe.
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mjnick01
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January 03, 2018, 04:05:09 PM |
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How do you cash out ... I know what I'm doing cash out of altcoin you can convert money and more money changer in the Philippines like cebuanna palawan express and many others so you will not be able to cash out the amount of outlet you can access It's a place in the country or region of what kind of ship you have You just know that just do not forget to convert money easier and no hastle Do not be sad because all branches are trustworthy and 100% proven by the government Just as cash out the talks do not forget the most closely replaced money
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Japinat
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January 19, 2018, 02:46:23 AM |
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I'll be using this when it gets released in Q2-3 of this year. 15 different coins along with 5 debit/credit cards on one. I'm already using a bitcoin debit card now, but this card is leaps and bounds ahead of it. It looks great, of course this is something that could give us convenience if we want to spend online and buying things through our card. With all in one card, I think this will become popular and I am very excited to have this card once it will be available for release.
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TonyPlayMore
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April 01, 2018, 11:42:59 AM |
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the easiest way is through the exchange sites immediately to the card of any bank, there are sites that create ratings of such exchange sites with reviews and reputation, so you can not be afraid that your money will be stolen, the rates and commission size are updated in real time, this is a very convenient and fast way , but the most expensive, for that you for 15 minutes receive money for a card
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jusertvaz
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Activity: 428
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April 01, 2018, 12:10:27 PM |
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you can cash in to Crypto currency in several ways, you can use the exchange, you can use exchange sites, or in person, I use exchange sites, there is a large commission, but the fastest transfer of funds directly to a bank card
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Vasyan
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April 01, 2018, 12:24:57 PM |
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the fastest way is an exchange site, this method has the biggest commission, the exchange on the exchange can take a long time, but the commission there is less,
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jemarie20
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April 01, 2018, 01:14:41 PM |
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Hi all, Was wondering just wondering as Ive not actually thought about this before is how do you cash out. If I want to turn my alt coins into cash to spend on the latest cars what's the quickest, cheapest method? Im in for the long haul though!!
Be lucky Lex
First you need t know what coins that you have? and where you from because if you are holding ethereum coins you can easy to cash out your ethereum its because ethereum is already listed in the coins.ph exchange here in the Philippines that is why if you are a Pilipino you can easy to cash out your money.
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